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While studying for an astronomy exam, Haley realizes that the swirling motion of the cream he has just poured into his coffee is similar to the motion of the solar nebula described in his textbook. This comparison helps him to remember the term for the phenomenon and represents an example of
Capitalism
Economic system that rewards companies for their ability to perceive and serve the needs and demands of consumers; also called the private enterprise system.
Private Enterprise System
An economic system where private individuals or businesses own capital goods and have the freedom to operate for profit with minimal government intervention.
Raw Materials
Basic substances in their natural, modified, or semi-processed state, used as inputs for manufacturing finished goods.
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